Take-Two picks up WWE franchise rights

By Alice O'Connor, Feb 14, 2013 10:00am PST

As the corpse of THQ is split up and sold off following "massive mistakes" and financial failure, we now know where another severed limb will be transplanted. After rumors last month of an acquisition, 2K has confirmed it'll be publishing the WWE series made by Japanese developer Yuke's.

"We can confirm that we have entered into an agreement to publish the WWE video game series that is developed by Yukes," a 2K representative said in a statement provided to IGN. "At this time, the agreement is pending court approval and we anticipate that it will be finalized shortly. We are very excited about the potential of this agreement and will have more to share at the appropriate time."

Court documents picked up by Bloomberg say that Take-Two will also hire THQ employees who worked on the franchise. WWE and Yuke's had filed for damages against THQ, for potentially over $60 million combined, but they'll reduce these massively now that the franchise has been picked up.

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